Definition

Science Park

The Science Park is a place for private sector. It has a basic foundation to drive the development of the country, to promote research and development, and to incubate entrepreneurs and technology and put outcome into economic systems. It also acts as a center of technology transfer and intermediary among industrial, public, educational and local sectors in which it uses scientific and technological knowledge from inside and outside of universities to elevate competitive capability of businesses and industries, including capable human resources from various expertise to improve production, value, and industrial standards, which all of these will result in sustainably changing regional economy as it can create new jobs and more income and increase higher quality of life of the people in the region.